News

Retail
eCommerce Fishing Brand Catch Co. Raises $38 Million In Series B
May 03, 2021

Fishing brand, content and commerce platform Catch Co. wrapped up a $38 million Series B funding headed up by True Ventures along with participation from TechNexus, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
How Virtual Cards, Automation Helps Archa Keep Pace With Digital B2B Payment Needs
May 03, 2021

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Security & Fraud
Keeping Pace With The Evolution Of Business Email Compromise
May 03, 2021

Business email compromise (BEC) is an ever-evolving beast that threatens organizations of all types and sizes around the globe. But companies are not entirely defenseless against the scam, as Jeff Taylor, senior vice president of Commercial Fraud Forensics at Regions Bank, told PYMNTS in the...

B2B Payments
High Growth, And High Risk: Solving The Compliance Challenge Of Cannabis Banking
May 03, 2021

Cannabis has a banking problem. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive...

Payments Innovation
European Payments Initiative Looking To Topple US FinTechs
May 03, 2021

The European Payments Initiative (EPI) is looking to create a payments firm that can take on some of the biggest U.S. FinTechs and payments companies, Financial Times (FT) reported on Monday (May 3). Get the Full Story Complete the form to unlock this article and...

IPO
Sweden’s Trustly Scraps $950 Million IPO Plans 
May 03, 2021

Swedish FinTech Trustly Group is scrapping plans to raise an estimated $950 million in an initial public offering (IPO) following a review by regulators, Bloomberg reported on Monday (May 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Clearco: Performance-Based Financing Bridges Digital SMB Capital Divide
May 03, 2021

It’s a frustrating paradox for any small- to medium-sized business (SMB) entrepreneur: You have to have money to get money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
The Evolving Face Of The Fight Against Fraud
May 03, 2021

Fighting fraudsters is a problematic realm in the digital era because fraud stubbornly refuses to be a static target. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

NEW REPORT: Bank Use Of AI To Manage Credit Risk Tripled In The Last Three...
May 03, 2021

Consumer debt in the United States grew in 2020 at its sharpest rate in more than a decade, reaching close to $15 trillion. The reason is not difficult to surmise: the pandemic led to millions of lost jobs and other adverse impacts. Yet, this has...